Loan Officer Salary in Philadelphia, PA
Bureau of Labor Statistics OEWS Survey
Median Annual Salary
$68,846
Hourly Rate
$33.10
/hour
Jobs in Area
287
employed
Loan Officer Salary Range in Philadelphia, PA
Annual Salary Range
$43k
10th percentile
$57k
25th
$85k
75th
$99k
90th percentile
Salary Breakdown by Percentile
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| 10th Percentile (Entry Level) | $43,258 | $20.80 |
| 25th Percentile | $56,854 | $27.33 |
| Median (50th Percentile) | $68,846 | $33.10 |
| 75th Percentile | $84,914 | $40.82 |
| 90th Percentile (Top Earners) | $99,166 | $47.68 |
| Average (Mean) | $75,640 | $36.37 |
Frequently Asked Questions
The average Loan Officer salary in Philadelphia, PA is $68,846 per year or $33.10 per hour as of 2023. This is based on data from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics survey.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey for 2023. The geographic area covered is the Philadelphia-Camden-Wilmington Metropolitan Statistical Area.
Last updated: 1/14/2026
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How Philadelphia, PA Compares
vs National Average
$65,740
vs Pennsylvania Average
$70,462
Cost-of-Living Adjusted
$66,071
Cost of living in Philadelphia, PA is 4.2% above the national average.
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